Media Centre
Change in Shareholdings of a Substantial Shareholder
(8th September, 2009 – Hong Kong) Chinese Estates Holdings Limited (the “Company”; stock code: 0127) has been notified by Mr. Thomas Lau, Luen-hung (“Thomas Lau”), a substantial shareholder of the Company that on 3rd September, 2009, Favor Gain Limited (the company wholly-owned by Mr. Thomas Lau) has transferred a certain number of shares in the Company to the family members of Mr. Thomas Lau (the “Transfer”). As a result of the Transfer, the shareholding of Mr. Thomas Lau in the Company was reduced from 7.65% to below 5% of the issued share capital of the Company and thus Mr. Thomas Lau ceased as the substantial shareholder of the Company under the Securities and Futures Ordinance.
About Chinese Estates Holdings Limited
Chinese Estates Holdings Limited is an investment holding company and its subsidiaries (together the “Group”) are principally engaged in property investment and development, brokerage, securities investment, money lending and cosmetics distribution and trading. The Group has always been identified with high quality investment portfolio and mid-end to high-end commercial and residential properties in prime locations.
For further information, please contact:
Alison Yeung
Corporate Communications Department
Chinese Estates Holdings Limited
Tel: (852) 2864 4480
Fax: (852) 2863 7083
E-mail: alisonm.yeung@chineseestates.com
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